Socio-Economics History Blog

Socio-Economics & History Commentary

Rick Rule: Only Popular Solution = Dollar Destruction

  • Published on Apr 17, 2017
    President and CEO of Sprott US Holdings Rick Rule says gold, silver, and the US dollar rarely trade how they are trading right now… Gold, silver, and the US dollar are all trading higher. This trading pattern is extremely bullish for gold and silver, Rule says. Rule also notes the current strength in the US dollar is not reflective of economic strength. He explains why the US economy is actually weak. In addition, US dollar strength won’t last. With a national debt nearing $20 trillion and unfunded liabilities above $100 trillion, long term there is no practical option out of this debt besides devaluation.

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April 18, 2017 - Posted by | Economics | , , , , , , , , ,

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